Flipkart to acquire the India unit of eBay Inc which will continue to be independent.
Top e-commerce company Flipkart has raised $1.4 billion in funding, the largest so far in this space, from Chinese internet giant Tencent, along with US majors Microsoft and eBay. With this, the Bengaluru-based firm, founded by Sachin Bansal and Binny Bansal almost 10 years ago, is readying to up the battle pitch with Jeff Bezos-led […]